Recogni Revolutionizes AI Inference with $102 Million Funding

February 21, 2024, 9:44 am
Recogni_Inc.
Location: United States, California, San Jose
Employees: 51-200
Founded date: 2017
Total raised: $175.9M
Recogni, a pioneer in AI-based computing, secures $102 million in Series C funding to drive next-gen AI inference solutions with 10x higher compute density and power efficiency. The funding, co-led by Celesta Capital and GreatPoint Ventures, aims to address the urgent gap in AI processing capabilities and revolutionize industries like automotive and aerospace. Recogni's innovative AI acceleration technique promises to unlock new possibilities in generative AI and intelligent autonomy, offering scalable performance and energy savings that will redefine data centers and enterprise operations. With the introduction of Recogni Scorpio, the world's first low-power AI compute product, Recogni is breaking barriers in AI computing and setting new standards for efficiency and performance. The company's vision and technology are poised to reshape the landscape of AI applications across various industries, from self-driving vehicles to biopharmaceuticals, financial services, healthcare, retail, entertainment, and fraud detection. Recogni's commitment to addressing key challenges in AI inference processing, such as compute capability, scalability, accuracy, and energy savings, underscores its leadership in driving transformative advances that will shape the future of AI technology.